EU HRC prices edge lower on negative market sentiment

Hot-rolled coil prices in Europe edged lower on Wednesday May 18, due to a persistent imbalance in the supply-demand outlook and a bearish attitude to consumption, sources told Fastmarkets.

Trading activity was very slow across Europe, sources said, with buyers having maintained a wait-and-see stance for several weeks now. Only hand-to-mouth bookings to “fill the gaps” in stocks were...

Published

Julia Bolotova

May 18, 2022

15:07 GMT

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